15, TEAWELL CLOSE, THE ROCK, TELFORD, TF3 5BL - £185,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 TEAWELL CLOSE is a very small extended detached house of 80m², built sometime between 1991 and 1995. It was last sold for £185,000 in July 2017, which was around 23% below the average July 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

15 TEAWELL CLOSE Sold Prices

Land registry data shows three sales for 15 TEAWELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 15 TEAWELL CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 17 JUL	£185,000	£239,401	23% below HPI
1999 30 JUL	£63,250	£85,759	26% below HPI
1995 21 APR	£58,500	£69,137	15% below HPI

15 TEAWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The three 15 TEAWELL CLOSE sales between April 1995 and July 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 15 TEAWELL CLOSE?

15 TEAWELL CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 15 TEAWELL CLOSE lies on this distribution: 11% of detached houses are smaller than 15 TEAWELL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Telford.

15 TEAWELL CLOSE: Plot and Title Map

15 TEAWELL CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 15 TEAWELL CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 TEAWELL CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 TEAWELL CLOSE?

15 TEAWELL CLOSE is located in THE ROCK, in the TF3 postcode district. The below map shows the position of No. 15 on TEAWELL CLOSE.